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How to Forecast Store Traffic with Predictive Analysis

First I am using a sample spreadsheet that has date and customer counts.  Using the typical acquisition (like Lumira) I select New document.

Under the Predict tab, open up Algorithms and select Time Series, Triple Exponential Smoothing as shown below:

1 predict time series.png

Then Configure Settings – there are two ways to do that.  First, right click or select configure settings under Component Actions:

2configure settings.png

These are the settings I used:

3triple exponential smoothing.png

I selected Forecast, with the target variable forecasting Customer Count.

I left the defaults and selected Done.

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Then I select Run to Forecast the model.

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Success message, click OK

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I can review in Grid View.

/wp-content/uploads/2014/01/7algsummary_356603.png

The best for last is the Trend view, showing the predictions graphically.

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What is nice about this version is the hover capability as shown above I can see the values.

Also, I didn’t look at any help to do the above, I simply started using it, without any training.

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